A new perspective on bond analytics

A clearer view
of fixed income.

Behind every bond is a relationship between price, yield, and risk. Convexity Cubed brings that relationship into focus.

Founded by Andrew Wells. Bond analytics, in perspective.

Convexity lab
ILLUSTRATIVE MODEL

The shape of risk

Price. Yield. Perspective.

Illustration
An abstract curved surface within a cube A violet wireframe surface representing the changing shape of risk, framed by the three dimensions of a cube. PRICEYIELDPERSPECTIVE
A different dimension of understanding.Explore the curve
Illustrative yield5.00%10-year · 5% coupon
Price per 100 face value100.00At a 5% yield · illustrative
Price.Yield.Perspective.

Three dimensions.
One connected view.

Built around the fundamentals

Fixed income is complex.
Understanding it should be clearer.

01

Valuation & yield

Start with the cash flows. Understand how a bond’s price connects to its yield, timing, and underlying assumptions.

02

Duration & convexity

Look beyond a single number. Explore sensitivity to interest rates and the curvature that a linear estimate can miss.

03

Scenarios & perspective

Ask what changes when markets move. Connect assumptions to outcomes to see the shape of fixed-income risk.

Go beyond the straight line

The curve
changes the story.

A bond’s price doesn’t move in a straight line as yields change. Convexity captures that curvature—and helps explain what duration alone leaves out.

Move the yield. See the relationship.

Bond priceDuration estimate

ILLUSTRATIVE BOND

10-year maturity · 5% coupon

INTERACTIVE
Yield to maturity5.00%
Price per 100 face value100.00
Bond price as yield changesAn illustrative fixed-rate bond price curve. Higher yields correspond to lower prices.
Base case

Illustration only. Fixed 5% coupon, paid semiannually; 10 years to maturity; 100 face value; valued on a coupon date. Excludes default and embedded options. Not live market data or investment advice.

Meet the founder

Rigorous thinking.
A fresh perspective.

Founded by Andrew Wells, Convexity Cubed is a bond analytics firm built around a simple idea: a deeper understanding of fixed income begins with a clearer view of its moving parts.

Price, yield, and risk. Considered together.

Discover our focus